Central Florida Real Estate Recap of June 2024

June 2024 had the Highest monthly median home price on record in the Orlando area

State of the Market

  • The median home price for June was recorded at $395,000, up from $385,000 in May. This is the highest monthly median home price on record in the Orlando area. This is the second time in 2024 the record has been broken.
  • Inventory for June was recorded at 10,796, up 5.0% from May when inventory was recorded at 10,282. This is the sixth month in a row inventory has risen. The last time inventory was this high was November 2015.
  • Overall sales fell 10.6% from May to June. There were 2,601 sales in June, down from 2,909 sales in May. This breaks a four-month…

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Why Disney's Residential Community Is a Bad Buy

why_disneys_residential_community_is_a_bad_buy

The magical allure of living in a Disney-themed community can be irresistible for fans dreaming of a fairytale lifestyle. Disney's new venture, Storyliving, promises to deliver an enchanting experience complete with distinctively designed spaces and unique amenities. However, before deciding to live happily ever after in one of these communities, it's crucial to consider the potential drawbacks that might disrupt the magic. This blog explores why investing in Disney's residential communities may not be as enchanting as it appears.

The High Cost of Fairytales: Potential Downsides of Disney's Residential Communities

Disney's Storyliving communities, such as the upcoming Asteria in North Carolina…

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The Best Schools Near Orlando: A Guide for Family Homebuyer

The Best Schools Near Orlando: A Guide for Family Homebuyer

Orlando is a vibrant city that thrives on its family-friendly atmosphere.  For families moving to Orlando, finding a home in the right school district is a top priority.  Excellent schools provide a strong foundation for a child's education and can contribute to a higher quality of life for the entire family. Below we explore the best schools near Orlando, Fl. 

Understanding Orlando's School System

Orlando's educational landscape offers a diverse array of schooling options, including public schools, private schools, and charter schools, each tailored to meet different educational needs and preferences.

Public Schools: Managed by school districts, Orlando's public schools are…

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Central Florida Real Estate Recap of May 2024

Inventory surpasses 10,000 homes for first time since 2016

State of the Market

  • Inventory for May was recorded at 10,282, up 9.7% from April when inventory was recorded at 9,376. This is the fifth month in a row inventory has risen. The last time inventory was this high was September 2016.
    • Inventory was 99.7% higher than May 2023.
  • Overall sales rose 5.4% from April to May. There were 2,909 sales in May, up from 2,759 sales in April. This is the fourth month in a row that sales have risen.
  • The median home price for May was recorded at $385,000, down from $388,500 in April. April was the highest monthly median home price on record in the Orlando…

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Timing the Market: When to List Your Home for Sale

TIMING THE MARKET: WHEN TO LIST YOUR HOME FOR SALE

Deciding when to put your home on the market can feel like trying to hit a moving target. The timing of your listing plays a significant role in determining how quickly your home sells and at what price. Understanding market dynamics can turn your decision from a game of chance into a strategic move. In the bustling real estate environment of Central Florida, timing isn’t just a minor detail—it's a critical part of your selling strategy.

When to List Your Home for Sale (Best Seasons To Sell)

Spring & Summer: The Peak Seasons

During the spring and summer months, the real estate market typically experiences a surge in buyer activity, making these seasons ideal for listing your home. The…

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How to Get the Best Deal on a New Home in Florida

How to Get the Best Deal on a New Home in Florida

The Florida housing market is renowned for its vibrant activity and competition, driven by the state's beautiful landscapes, favorable climate, and attractions like Disney World. These elements make Florida particularly appealing not only to families and professionals but also to retirees seeking a serene lifestyle in their golden years. Given these conditions, becoming well-informed is your first step towards making a wise and profitable home purchase.

Understanding Market Trends: When to Buy

Understanding these trends can help you pinpoint the best time to make a purchase, ensuring you get the most value for your money.

  • Supply and Demand: The basic law of supply and demand…

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Top Neighborhoods for Disney Employees: A Real Estate Perspective

Finding the ideal neighborhood for Disney employees goes beyond just short commute times. It's about balancing affordability with access to work, leisure, and quality community amenities. This guide to the top neighborhoods near Disney World focuses on places that offer this balance, aiming to make every day for Disney employees as enchanting as their workplace.

Kissimmee, FL: Budget-Friendly Living with a Community Feel

Nestled just moments away from the gates of Disney World, Kissimmee offers an array of affordable housing options that cater to a diverse range of budgets and lifestyle needs. From cozy apartments to spacious single-family homes, the community feel of Kissimmee…

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Orlando Pool Homes Near Disney For Sale

The enchanting city of Orlando, known for its sunny skies and world-renowned attractions, offers a unique lifestyle that's both vibrant and laid-back. With a variety of Orlando pool homes near Disney for sale, you can turn this dream into your reality. Whether you're a family seeking adventure, retirees looking for a serene escape, or investors searching for a lucrative opportunity, Orlando welcomes you to explore the endless possibilities.

Why Choose Orlando for Your Pool Home?

Pricing your home appropriately is critical. An overpriced home can linger on the market, leading to a lower final sale price. On the other hand, underpricing can result in a financial loss. 

In Central Florida's dynamic…

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Favorite Seasonal Outdoor Activities Near Davenport, FL

FAVORITE SEASONAL OUTDOOR ACTIVITIES NEAR DAVENPORT, FL

Nestled in the heart of Central Florida, Davenport is a vibrant city that boasts a sunny climate and a plethora of outdoor activities, making it a perfect destination for both residents and visitors alike. The city's close proximity to major attractions, combined with its unique local charm, provides an array of enjoyable outdoor pursuits across all seasons.

Spring: Blooming Adventures in Davenport

Spring in Davenport is a season of renewal, with nature coming alive in vibrant colors and sounds. This season offers a perfect blend of activities for families, nature lovers, and adventure seekers looking to explore the city's natural beauty.

  • Visit Lake Eva Community Park: A…

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Central Florida Real Estate Recap of April 2024

New Orlando Regional REALTOR® Association data shows record-high median home price in Central Florida.

State of the Market

  • The median home price for April was recorded at $388,500, up from $386,500 in March. This is the highest monthly median home price on record in the Orlando area.
  • Overall sales rose 7.8% from March to April. There were 2,759 sales in April, up from 2,559 sales in March. This is the third month in a row that sales have risen.
  • April’s interest rate was recorded at 6.9%, up slightly from 6.7% in March. This is the third month in a row that interest rates have risen.
  • Inventory for April was recorded at 9,376, up 4.5% from March when…

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